Saturday, 10 September 2016

ADL to Receive £7.3m in Grants

More than 100 jobs are to be created at bus maker Alexander Dennis
with the support of Scotland's biggest-ever research and development
grant.
The Falkirk-based firm is to receive £7.3 million from Scottish
Enterprise towards its £31 million low carbon vehicles programme.
The company is building hybrid and electric buses, and plans to double turnover by 2020 through new development.

Alexander Dennis said the funds would create 101 new jobs and secure 126 existing jobs.

First Minister Nicola Sturgeon said: "Alexander Dennis (ADL) is one of
the world's leading bus and coach builders, and a true Scottish success
story.
"This new grant funding, the highest-ever research and development
(R&D) award by Scottish Enterprise, will create 101 new jobs and
secure a further 126 jobs in ADL's low carbon vehicles project.
"The project is integral to ADL's growth and export strategy to
capture more of the increasing global demand for
environmentally-friendly buses
"ADL's continued commitment to invest in Scotland is testament to the skilled workforce here in Falkirk.

"We'll continue to work with manufacturers like ADL to innovate and
expand, and we'll set out further measures to grow the Scottish economy
later this week."
Colin Robertson, chief executive of Alexander Dennis, said: "We are
delighted that Scottish Enterprise supports us in our aim of developing
low and zero emission buses for the global market.
"We look forward to local authorities and cities around the UK as well
as abroad seizing the opportunity to introduce these next-generation
vehicles which bring massive benefits to passengers, city dwellers and
the environment.
"This investment in new product development enables companies like our
own to stay at the forefront of industry at home and overseas, and will
help us achieve our strategic goal of a £1 billion turnover by 2020."
Scottish Enterprise said it has invested £192 million in companies' R&D in the last year.

Dr Lena Wilson, chief executive of Scottish Enterprise, said:
"Scottish businesses, like Alexander Dennis, have been making great
strides in R&D in recent years and more and more international
investors are now choosing Scotland as their innovation location of
choice, thanks to our great business environment, strong skills base,
effective support network and academic excellence.
"As a result, Scotland has had a record year of innovation investment,
with our businesses equipped to target more international markets than
ever before."

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